Global Food Grade Gases Market Insights Forecasts to 2032

• The Global Food Grade Gases Market Size was valued at USD 7.5 Billion in 2022.
• The Market is Growing at a CAGR of 6.6% from 2022 to 2032
• The Worldwide Food Grade Gases Market Size is expected to reach USD 14.3 Billion by 2032
• Asia Pacific is expected to Grow the fastest during the forecast period

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The Global Food Grade Gases Market is projected to exceed USD 14.3 billion by 2032, growing at a CAGR of 6.6% from 2022 to 2032. The food grade gases market is witnessing a surge in demand as a result of a number of factors, including the growing popularity of packaged goods as well as carbonated beverages. As consumers become more concerned about the quality of their food, food producers are turning towards sophisticated packaging techniques such as oxygen scavenging, MAP, CAP, and active packaging. These innovations create controlled conditions within the packaging, preserving the freshness of food items while decreasing the need for additives without compromising food quality.

 

Market Overview

To meet food quality standards, food grade gases are utilized as a processing aid or as an additive. Food grade gases play an essential role during the food packaging procedure and whole preservation. These gases are primarily utilized to freeze, chill, grind, and package a wide range of goods, including beverages, bakery & dairy items, fruits & vegetables, meat & poultry, and prepared meals.

 

The global food grade gases market is a rapidly growing industry that supplies gases such as carbon dioxide, nitrogen, and oxygen to the food and beverage industry. These gases are used in various applications such as packaging, carbonation, and freezing, to improve the quality and safety of food products. The market is driven by the increasing demand for convenience food, a growing population, and changing lifestyles. The food grade gases market is also witnessing an increasing trend toward the adoption of natural and eco-friendly gases.

 

The market is dominated by a few major players, such as Air Liquide, Linde AG, Air Products and Chemicals Inc., and Praxair Inc. These companies are expanding their product portfolios through strategic mergers and acquisitions and investing in research and development to develop new and innovative products.

 

For instance, in October 2022, Linde worked together with JSL to increase the manufacturing capacity of JSL’s group in Kalinga Nagar. Linde primarily provides carbon dioxide, argon, and oxygen to this plant.

 

Report Coverage

This research report categorizes the market for the global food grade gases market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the food grade gases market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the food grade gases market.

 

Driving Factors

The demand for convenience food is increasing globally due to changing lifestyles, busy schedules, and urbanization. Food grade gases are widely used in the production of convenience foods such as ready-to-eat meals, snacks, and frozen food, as they help in extending the shelf life of these products. Food grade gases are used to preserve the quality and freshness of food products during transportation and storage, thereby ensuring food security.

 

Technological advancements in the food and beverage industry have led to the development of new and innovative products that require the use of food grade gases. For instance, the use of modified atmosphere packaging (MAP) and controlled atmosphere storage (CAS) requires the use of gases such as nitrogen and carbon dioxide. Food safety regulations are becoming increasingly stringent worldwide, and food grade gases are used to meet these regulations. For instance, carbon dioxide is used in meat processing to control the growth of bacteria and to prevent spoilage.

 

Restraining Factors

The main factor contributing to this restraint is the high cost associated with the production and transportation of food grade gases. The production of these gases requires specialized equipment and facilities, which can be expensive to maintain and operate. The regulatory environment surrounding the use of food grade gases is becoming increasingly stringent, which can lead to additional costs and delays in the approval process. This can impact the availability and affordability of food grade gases, especially for smaller businesses and developing countries.

 

Market Segmentation

 

The Global Food Grade Gases Market share is classified into type, application, and industry.

• The nitrogen segment is expected to hold the largest share of the global food grade gases market over the forecast period.

Based on the type, the global food grade gases market is divided into oxygen, nitrogen, and carbon dioxide. Among these, the nitrogen segment is expected to hold the largest share of the global food grade gases market over the forecast period. The growth can be attributed due to the nitrogen is used in the food industry for various applications such as chilling, freezing, and purging. It helps to preserve the freshness and quality of food products by reducing the amount of oxygen present in the food packaging. The nitrogen segment of the food grade gases market is expected to witness steady growth due to the increasing demand for frozen food products and carbonated beverages.

 

• The freezing & chilling segment is expected to hold the largest share of the global food grade gases market over the projected period.

Based on the application, the global food grade gases market is divided into packaging, freezing & chilling, and carbonation. Among these, the freezing & chilling segment is expected to hold the largest share of the global food grade gases market over the projected period. The growth can be attributed due to the food grade gases that are widely used in food freezing and chilling processes. Gases such as nitrogen and carbon dioxide are used to create a controlled atmosphere that can help to maintain the texture, flavor, and nutritional value of the food product. This process is especially important for frozen foods, as it helps to prevent freezer burn and other quality issues that can occur during long-term storage.

 

• The beverages segment is expected to hold the largest share of the global food grade gases market over the forecast period.

On the basis of the industry, the global food grade gases market is segmented into beverages, dairy & frozen products, meat, poultry & seafood. Among these, the beverages segment is expected to hold the largest share of the global food grade gases market over the forecast period. The growth can be attributed due to the food grade gases such as carbon dioxide and nitrogen are extensively used in the production of carbonated beverages, such as soft drinks, beer, and sparkling wine. Carbon dioxide is also used to create a protective atmosphere during bottling and canning of non-carbonated beverages. It is also used in the production of fruit juices and other beverages, where it helps to maintain the flavor and freshness of the product.

 

Regional Segment Analysis of the Food Grade Gases Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is estimated to hold the largest share of the food grade gases market over the predicted timeframe.

 

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North America is expected to hold the largest share of the global food grade gases market during the study period, driven by the high demand for packaged food products, frozen food products, and carbonated beverages. Canada and Mexico have the highest imports of meat, fish, and seafood. In 2018, Canada was the largest export market for agricultural goods from the United States. Prepared food items, fresh & processed fruits and vegetables, snack items, certain non-alcoholic drinks, chocolate & cocoa products, condiments & sauces, wine, beer, and pet food are the most important commodities exported to Canada.

 

The Asia Pacific region is expected to grow the fastest in the global food grade gases market during the upcoming years, driven by the increasing population and changing dietary habits. The Asia Pacific region is a rapidly growing market for food grade gases, with countries such as China and India leading the demand. Stringent government regulations regarding the hygiene and safety of food in countries such as China, Japan, South Korea, and India, as well as rapid advancements in food manufacturing and packaging techniques, are some of the key factors projected to open up novel possibilities for leading companies in the Asia Pacific food and beverage industry.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global food grade gases along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• Linde PLC. 
• Air Products & Chemicals, Inc. 
• The Messer Group GmbH 
• Lez Gas Industriels Ltd.
• Chengdu Taiya Industrial Gases Co.
• Yingde Gas Group Shanghai
• American Welding & Gas
• Massy Group, Inc. 
• Air Source Industries 
• Purity Cylindrical Gases
• Cryogenic Gases
• Gulf Cryo
• Air Water Inc.
• Wesfarmers Limited
• Air Liquide
• Others

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent Developments

• In October 2022, Abdullah Hashim Industrial Gases & Equipment Co. Ltd., an Air Products Middle East Merchant Industrial Gas Joint Venture, acquired Air Liquide's Merchant Industrial Gases Business in the Kingdom of Saudi Arabia.

 

• In February 2022, Linde signed a long-term contract to supply hydrogen and steam with BASF, one of the world's largest chemical companies. This aided Linde's expansion into newer geographies.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Food Grade Gases Market based on the below-mentioned segments:

 

Global Food Grade Gases Market, By Type

• Oxygen
• Nitrogen
• Carbon Dioxide
• Others

 

Global Food Grade Gases Market, By Application

• Packaging
• Freezing & Chilling
• Carbonation
• Others

 

Global Food Grade Gases Market, By Industry

• Beverages,
• Dairy & Frozen Products,
• Meat, Poultry & Seafood
• Others

 

Global Food Grade Gases Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa